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Understanding the Effects of News Shocks on Macroeconomic Fluctuations. There are significant potential benefits for Australia. First, it could lead to more effective policymaking, with an understanding of how policy in one branch of the government can affect other sectors that have not been considered before. For example, changes in fiscal policy can affect not just growth, but also unemployment, inflation, and the income distribution. Second, this project will make a contribution to the resear ....Understanding the Effects of News Shocks on Macroeconomic Fluctuations. There are significant potential benefits for Australia. First, it could lead to more effective policymaking, with an understanding of how policy in one branch of the government can affect other sectors that have not been considered before. For example, changes in fiscal policy can affect not just growth, but also unemployment, inflation, and the income distribution. Second, this project will make a contribution to the research training of new macroeconomists in Australia: we will train three PhD students in the very latest methods. We also will organize a conference and bring the very top economists in the world to work with researchers here, and to consider issues surrounding the Australian economy. Read moreRead less
Implications of Global Economic Forces for Domestic Monetary Policy. The project aims to quantify and understand the extent to which international factors affect key macroeconomic variables such as inflation and interest rates in open economies. The aims will be achieved through the development and application of new macroeconomic and econometric models. Expected outcomes are new insights and policy recommendations on how to appropriately conduct monetary policy for an open economy such as Austr ....Implications of Global Economic Forces for Domestic Monetary Policy. The project aims to quantify and understand the extent to which international factors affect key macroeconomic variables such as inflation and interest rates in open economies. The aims will be achieved through the development and application of new macroeconomic and econometric models. Expected outcomes are new insights and policy recommendations on how to appropriately conduct monetary policy for an open economy such as Australia. This should provide significant benefits to the broader Australian economy through the conduct of suitable policy by institutions such as the Reserve Bank of Australia.Read moreRead less
Estimating the impact of fiscal stimulus on household expenditure. The tax bonus payments of the $42 billion Nation Building and Jobs Plan were among the largest fiscal policy packages in the developed world. This project applies a new methodology to estimate the short-term impact of this cash handout on consumer spending, allowing better modelling of the Australian economy.
The Allocation of Risk and Economic Slumps. The aim of this project is to construct and analyse models that identify a novel feedback mechanism in which the distribution of investment risk interacts with aggregate employment variations. It will provide a useable framework for economic policy analysis in which the distribution of wealth affects the demand for investment risk while the distribution of production risk affects the supply of labour income risk.
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0237958
Funder
Australian Research Council
Funding Amount
$133,000.00
Summary
An enclosive flow Cooling cell for spectroscopic studies. We wish to install a low temperature absorption cell that will be coupled to high resolution spectrometer systems operating in the infrared, visible and ultra-violet regions of the spectrum. This will enable us to further develop techniques for the study of the structures, dynamics and kinetics of molecules of biological and atmospheric significance. This will lead to a better understanding of the structures, dynamics and reaction kinetic ....An enclosive flow Cooling cell for spectroscopic studies. We wish to install a low temperature absorption cell that will be coupled to high resolution spectrometer systems operating in the infrared, visible and ultra-violet regions of the spectrum. This will enable us to further develop techniques for the study of the structures, dynamics and kinetics of molecules of biological and atmospheric significance. This will lead to a better understanding of the structures, dynamics and reaction kinetics of these species and in the case of atmospheric species also provide molecular parameters required for atmospheric monitoring.Read moreRead less
The paradox of choice: Unravelling complex superannuation decisions. Australia has been a world-leader in retirement savings policy, but there remains a pervasive lack of understanding about how best to communicate complex financial information to decision-makers, along with a push by government for clearer disclosure and greater financial literacy. This project will inform regulators and the superannuation industry on how choices are made and how to present clearer, better-designed information ....The paradox of choice: Unravelling complex superannuation decisions. Australia has been a world-leader in retirement savings policy, but there remains a pervasive lack of understanding about how best to communicate complex financial information to decision-makers, along with a push by government for clearer disclosure and greater financial literacy. This project will inform regulators and the superannuation industry on how choices are made and how to present clearer, better-designed information to be understood by ordinary participants, thus encouraging active, well-informed participation rather than passive 'default' decisions. More efficient investment and benefit choices will improve the economic welfare of retirees, reduce the burden on the working-age population and improve fiscal sustainability.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE120100635
Funder
Australian Research Council
Funding Amount
$375,000.00
Summary
The effects of international commodity price shocks on state fragility. This project examines the effects that commodity price shocks have on state fragility in developing countries. Outcomes that will be analysed include, but are not limited to, the transition from autocracy to democracy, the stability of democracy, the risk of civil conflict, food riots, and the survival probability of dictators.
Flexibility and symmetry in complex geometry. Differential equations play a fundamental role in science and technology. The aim of the project is to study important differential equations that arise in geometry, their symmetries, and obstructions to solving them.
The Morality of Cooperation and Concern. The ethical issues of the greatest ongoing importance to the Australian community concern the conflicts between the interests of individuals and those of society. This project tackles those issues at a fundamental level. Its practical applications are of pressing importance to policy and public debate. It offers guidance to the many Australians whose work involves reflection on ethical principles - such as ethics committee members. It will contribute to t ....The Morality of Cooperation and Concern. The ethical issues of the greatest ongoing importance to the Australian community concern the conflicts between the interests of individuals and those of society. This project tackles those issues at a fundamental level. Its practical applications are of pressing importance to policy and public debate. It offers guidance to the many Australians whose work involves reflection on ethical principles - such as ethics committee members. It will contribute to the international profile of Australian moral philosophy, while broadening the knowledge base of the discipline in this country. And it will add to Australia's reputation as a country that takes ethics seriously.Read moreRead less
Structured Moral Pluralism. The Australian intellectual scene is characterized by intensely lively ethical debate, and a very high international reputation for the quality of its moral philosophy. This project will add significantly to the breadth of theoretical ethics in this country, by developing in detail an approach that has not previously been strongly represented. It offers a new approach to thinking about the foundations of ethics and reasoning from those foundations. Its practical appli ....Structured Moral Pluralism. The Australian intellectual scene is characterized by intensely lively ethical debate, and a very high international reputation for the quality of its moral philosophy. This project will add significantly to the breadth of theoretical ethics in this country, by developing in detail an approach that has not previously been strongly represented. It offers a new approach to thinking about the foundations of ethics and reasoning from those foundations. Its practical applications are of pressing importance to policy and public debate. It also offers guidance to the many Australians whose work involves applying ethical principles, such as ethics committee members. Read moreRead less